Question 1 Explain the various principles of an ideal merchandising giving suitable examples for each?
Question 2 Enumerate the category management strategies that are used by retailers to ensure a smooth category management process
Question 3 Discuss the concept of open-to-buy system. How do you calculate open-to-buy for the past and current period?
Question 4 Enumerate some merits and demerits of Formal Buying Organization, Informal Buying Organization, Centralized Buying & Decentralized Buying along with diagrammatic representation of functions and attributes of the buying department
Question 5 Enumerate the first 5 steps in Merchandise Buying and Handling Process
Question 6 Selecting an appropriate vendor is the key step in the success of an enterprise